Whether you're looking to build your investment portfolio through real estate or offset your monthly mortgage with rental income, this duplex offers exceptional flexibility. Featuring two 1-bedroom, 1-bath units, the property is currently fully occupied, making it an excellent turnkey investment while also presenting future owner-occupancy possibilities as leases change… Read More over. One apartment has been thoughtfully renovated, while the second offers an opportunity to add value over time. Recent capital improvements include a new roof and two new water heaters installed in 2023, giving the next owner confidence that some of the biggest-ticket items have already been addressed. Conveniently located near shopping, public transportation, and major commuter routes, this property is well-suited for tenants and homeowners alike. This duplex offers immediate income today with long-term potential for tomorrow. *109 N 2nd St, 209 N 2nd St and 301 N 10th St offered at $705,000 as a three-property residential rental portfolio presenting an attractive opportunity for investors seeking diversified, income-producing real estate. The portfolio consists of three separate properties, each offering its own rental income stream and investment potential. Acquiring the properties as a portfolio provides an opportunity to establish a diversified residential investment position while benefiting from multiple income-producing assets. Read Less
Courtesy of Robert Needs, Long & Foster Real Estate, Inc. 302-351-5000
Listing Snapshot
Days Online
66
Last Updated
Property Type
Duplex
Square Ft.
1,170
Lot Size
0.02 Acres
Year Built
1925
MLS Number
PADE2119746
Additional Details
Basement
Unfinished
Building
Built in 1925, Living area: 1170, Construction Materials: Brick
Cooling
None
Accessibility Features
None
Floors
Luxury Vinyl Plank, Carpet
Foundation
Stone
Heating
Baseboard - Electric
Lot
0.02 acres, Dimensions: 14.00 x 69.00
Property
Other structures: Above Grade, Below Grade
Sewer
Public Sewer
Taxes
Annual Amount: $3,977, Lot: 898-000, Year: 2025, Zoning: R-20 TWO FAMILY
Utilities
Water Source: Public
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